Lead - Compensation & Benefits

I am looking for a India C&B Lead position for a Top MNC. The position can be based at Bangalore / Hyderabad or Chennai. Looking for someone with minimum 7 years of C&B experience into Compensation and Benefits

Job Description:

- The incumbent to this position will proactively partner with client-facing HR colleagues and local business line management to identify and address compensation issues, and evangelize total compensation philosophy and strategy to the clients.

- The role focuses on activities to develop, implement, and administer compensation and benefits policies and programmes with compliance understanding.

The incumbent of the role will carry the following responsibilities:

- Point of contact and subject matter expert for India’s compensation and benefits including FTEs, contractors, consultants and campus hiring

- Perform deep analysis on effectiveness and competitiveness of existing compensation and benefits programs and model potential impact of alternatives

- Effectively partner with HR colleagues and business clients to manage, consult on compensation and benefit-related issues

- Provide guidance to the business and develop creative solutions on a variety of total compensation issues including the setting of appropriate pay levels, base pay, annual incentive pay and stock compensation

- Plan, develop, and redesign benefit programmes and analyse benefit costs. Create or update benefits communication tools for employees

- Perform ad hoc analysis for costing, program effectiveness and trend purposes

- Identify, select and participate in compensation and benefits surveys to analyse the company’s competitive market position for each in-country location

- Conduct job matching and job evaluations using market data and internal evaluation

- Conduct custom compensation and benefits surveys with key industry contacts, as needed

- Partner with the global compensation and benefit teams on C&B issues, and work on a variety of special compensation and benefits projects as needed

- Create and deliver compensation training to HR and management teams

- The position may also be asked to take on responsibility for specific components such as the strategy, design, policies, guidelines, and implementation of a specific compensation or benefit program. Works to
gain alignment with different constituencies and represents a common point of view across multiple stakeholders.

- In addition, this position will be responsible for additional countries as necessary, such as Singapore and Australia, where the company is expanding its presence and population size does not warrant an in-country C&B manager.

Baseline Requirements:

- Work independently. Must be hands-on with high level of energy and professional skills to function effectively and independently in a demanding, fast-paced change-oriented environment

- Good understanding of the principles and practices of compensation and benefits systems and legislation in India

- Knows basic taxation laws applying to compensation in India

- Strong analytical, problem solving skills and quantitative skills and a track record for planning, doing and auditing work; able to systematically break down problems or processes into their parts and develop several alternative solutions

- Highly detail driven with emphasis on accuracy, coupled with the ability to see the broader picture

- Strong project management skills and ability to manage multiple projects and priorities at once

- Ability to create tools and models to interpret and analyse data

- Must possess strong verbal, written and interpersonal skills for internal presentations that demonstrate business acumen; able to seek out information, clearly communicate information and requests and
provide quality advice

- Demonstrated mastery and ability to act as a resource particularly regarding rewards management issues (e.g. job evaluation, surveys, job/market pricing, salary range development, etc)

- Ability to effectively manage communication and relationships in matrix organization structure

- Highly proficient in Excel; familiarity with Peoplesoft will be an advantage

- A Bachelor’s degree is required; MBA preferred

- High degree of English language fluency is essential in speech and writing

Please send your resumes to ruchi@arcisindia.net / talk to me at 9899002896